北方稀土2025年净利润预增116.67%至134.60%

Core Viewpoint - Northern Rare Earth (600111) expects a significant increase in net profit for the fiscal year 2025, projecting a range of CNY 2.176 billion to CNY 2.356 billion, representing a year-on-year growth of 116.67% to 134.60% [1] Financial Performance - The company anticipates a non-recurring net profit between CNY 1.960 billion and CNY 2.140 billion, with a year-on-year increase of 117.46% to 137.43% [1] - The substantial growth in performance is attributed to the implementation of the "Five Unifications" scientific production model, enhancing the integration of R&D, production, and sales [1] Operational Efficiency - The overall processing costs have decreased year-on-year, showcasing significant cost reduction achievements [1] - For the first time, the sales volume of lanthanum and cerium products exceeded production, effectively alleviating inventory pressure [1] Product Performance - Core products, including smelting separation, rare earth metals, functional materials, and permanent magnet motors, all experienced year-on-year growth in both production and sales, which strongly supported the overall profit level increase [1] Strategic Development - The company is accelerating the construction of key projects, with the first phase of the new generation rare earth green smelting upgrade project fully operational and the second phase successfully commenced [1] - Subsidiaries have completed and put into production projects such as the 50,000-ton magnetic alloy project and the 3,000-ton magnet project, enhancing the industry's high-end, intelligent, and green transformation [1] Technological Advancement - Through reforms in the scientific research mechanism and the transformation of results, the company is speeding up the R&D of new processes, new equipment, and high value-added products, continuously enhancing its technological competitiveness and value creation capabilities within the industry chain [1]